Vacasa Shareholders Approve Acquisition by Casago, Deal to Close Wednesday

Casago, the lower bidder, prevailed in its bidding war against hedge fund Davidson Kempner. This competition got nasty, and this likely won't be the end of the story.

After a highly contentious bidding war, Vacasa announced that its shareholders approved its acquisition by Casago, and the deal is expected to close on Wednesday.

"At the Special Meeting, approximately 69% of the Company’s Class A common stock, 96% of the Company’s Class B common stock and 72% of the Company’s Class A common stock and Class B